$1.23 Billion liquidation
In the past 24 hours, many crypto traders have been liquidated from their long and short positions. The long trades had the highest effect with $971.69M of liquidations and short trades received $261.56M of liquidations.
One of the causes is due to a single trader getting a liquidation order on Huobi - BTC-USD valued at $27.00M.
To prevent this market downturn and losses, you can start allocating budget and activate your risk management mode.